Adidas Posts Strong Q4 Sales After Yeezy Sell-Off But Warns of Slower Growth Ahead

Benzinga

Adidas reported higher-than-expected fourth-quarter sales after selling its remaining Yeezy stock but warned of slower revenue growth ahead. The German sportswear giant reported a 19% revenue increase in the fourth quarter, surpassing analysts' estimates. CEO Bjorn Gulden highlighted the brand's strength, company potential, and team efforts while acknowledging room for improvement. Adidas shares initially declined after the market opened but rebounded by midday in London. The company expects strong sales growth and a higher operating profit in 2025.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Adidas reported higher than expected fourth quarter sales after selling its remaining Yeezy

00:06stock but warned of slower revenue growth ahead. German sportswear giant reported 19% revenue

00:12increase in the fourth quarter, surpassing analyst estimates. CEO Bjorn Gulden highlighted the brand's

00:18strength, company potential, and team efforts while acknowledging room for improvement.

00:22Adidas shares initially declined after the market opened but rebounded by midday in London.

00:27Company expects strong sales growth and a higher operating profit in 2025.

00:32For all things money, visit Benzinga.com.

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